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Strategies & Market Trends : Classic TA Workplace
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To: UnBelievable who wrote (5164)6/15/2001 11:44:31 AM
From: UnBelievable  Read Replies (1) of 209892
 
MSFT Could Be The Tell

After gapping down below the bottom of the rising trend it has been in since 4/27, as well as its 50 SMA, it led the rebound the morning but seems to be running into resistance, was support, from those same points at 68.

There should be a few more attempts up but if MSFT closes red, particularly below the open, it will not bode well for the market going forward.
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